European Union expected to hit Google with antitrust charges
The European Union will soon charge Google for alleged violations of its antirust laws, according to The New York Times and The Wall Street Journal. At issue is whether the tech giant used its near-monopoly over the internet search market to promote its own products at the expense of others.
The EU's antitrust commissioner, Margrethe Vestager, reportedly reached the decision Tuesday after a nearly five-year investigation. The case, which would be the biggest since European regulators targeted Microsoft a decade ago, could cost Google billions of dollars and force it to revise its business practices.
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Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.